Comments on: Next Financial Milestone For General Motors: An Initial Public Offering

By: Report: GM To Be In Charge Of IPO | GM Authority

Report: GM To Be In Charge Of IPO | GM Authority — Sat, 26 Jun 2010 02:38:58 +0000

[...] said that it will allow General Motors to be in charge of major decisions surrounding its initial public stock offering (IPO), including when and how the IPO will be conducted. The administration also said that sales will not [...]

By: GM’s Whitacre Juggles Need for IPO With Government Desires, Economy | GM Authority

Tue, 22 Jun 2010 15:24:50 +0000

[...] is rampant about GM’s anticipated initial public stock offering (IPO). The consensus seems to be that Ed Whitacre wants it to be – for lack of a better word [...]

By: Government Hires NY Firm To Advise On General Motors IPO | GM Authority

Government Hires NY Firm To Advise On General Motors IPO | GM Authority — Tue, 01 Jun 2010 20:27:25 +0000

[...] The IPO would allow the government to divest its 61 percent stake in General Motors in order to recoup (or begin recouping) its investment. The 61 percent stake was converted from $43.3 billion in loans given to the ailing automaker. This was on top of the $6.7 billion that GM paid back to the government last month. In total the government gave $50 billion to GM and CEO Ed Whitacre expects an IPO in late 2010 or early 2011. [...]

By: General Motors To Announce First Quarter Financial Results On Monday | GM Authority

Fri, 14 May 2010 23:11:43 +0000

[...] quarter of 2010. The entire GM Authority team is just as hopeful, especially given that GM’s initial public offering is very much tied to the company’s performance in this time [...]

By: General Motors Repays U.S and Canada Government Loans | GM Authority

General Motors Repays U.S and Canada Government Loans | GM Authority — Wed, 21 Apr 2010 18:11:31 +0000

[...] certainly build confidence in The General, an important feat given GM’s goals of becoming an independent public company again. However, these repayments do not affect the equity stakes held by the United States and Canadian [...]

By: GM Reports $4.3 Billion Loss For Half of 2009, Completes Fresh-Start Accounting | GM Authority

Wed, 07 Apr 2010 17:49:01 +0000

[...] has just announced that it has completed fresh-start accounting as part of its goal to once again become a public company. At the same time, GM also reported a $4.3 net billion loss for the time period of July 10 through [...]

By: Stop It Already: GM Has “A Reasonable Chance Of Being Profitable” In 2010 | GM Authority

Tue, 23 Mar 2010 04:20:35 +0000

[...] asked about the anticipated initial public offering, Liddell didn’t give any specifics, saying that it depends on several factors such as the [...]

By: Talent Drain: GM Director Of Global Battery Systems Leaves Today – Goodbye Denise Gray | GM Authority

Sat, 06 Mar 2010 02:49:29 +0000

[...] The only trick GM can promise current employees and future candidates is first dibs on its impending IPO, which may or may not prove to be financially appealing (you know, due to lack of confidence in GM [...]

By: Uncle Sam Refuses To Pay For Old GM Stock, Probably… | GM Authority

Uncle Sam Refuses To Pay For Old GM Stock, Probably… | GM Authority — Wed, 17 Feb 2010 02:10:41 +0000

[...] Somewhat intuitively, the investors who take on the most risk can expect to be paid back last in the event of bankruptcy. That means that that equity share holders are usually paid back after debt holders, if at all. A share in a company, a promise to pay a portion of profits, should be near worthless for a bankrupt company because any profits first go to paying off suppliers, debt holders, et al. Moreover, shares in Motors Liquidation will emphatically not be exchanged for stock in the New GM when it makes its IPO later this year. [...]

By: GM Authority Weekly 12 – Information Overload! | GM Authority

GM Authority Weekly 12 – Information Overload! | GM Authority — Wed, 10 Feb 2010 15:03:16 +0000

[...] Next Financial Milestone For General Motors: An Initial Public Offering [...]